Revitalising Multilateral Trade Governance

The WTO provides extensive flexibility for members to engage with each other. Using this, WTO members should identify a road map for the future and a work programme to update and expand the rulebook to address trade-distorting nontariff policies that are not or only partially covered by current WTO rules.Expanding the WTO rulebook, accepting greater reciprocity and improving the organisation’s operation are necessary for revitalising the WTO.